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1. Project A Year 0 -$5000 Year 1 + $1000 Year 2 + $1000 Year 3 +$3000 Year 4 $0 Project B Year 0 -$1000
1. Project A Year 0 -$5000 Year 1 + $1000 Year 2 + $1000 Year 3 +$3000 Year 4 $0 Project B Year 0 -$1000 Year 1 $0 Year 2 +$1000 Year 3 +$2000 Year 4 +$3000 Project C Year 0 -$5000 Year 1 +$1000 Year 2 + $1000 Year 3 +$3000 Year 4 + $5000 a. What is the payback period on each of the projects above? b. Given that you wish to use the payback rule with a cutoff period of 2 years, which projects would you accept? Explain. c. If you use a cutoff period of 3 years, which projects would you accept? Explain (15 Points) Enter your
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